Is it legal to speculate in virtual currency on cloud currency n

1. There are two reasons for the prohibition of virtual currency trading by the state:
1. The price fluctuates violently and the consumer protection is lacking:
virtual currency is the proct of network, and the digital information flowing in the network is beyond the control of all people. The code of cyberspace is the basis of the operation of virtual currency, investors can only operate through the front-end interface, seemingly "control" the virtual currency. The operator of the virtual currency service organization may become the actual controller of the virtual currency through the control code<
2. Avoiding supervision and becoming the "accomplice" of criminal activities
virtual currency transaction is not protected by law:
virtual currency transaction is not illegal, and it is not illegal to invest in virtual currency. But how to get involved in virtual currency transactions is illegal and illegal. It may be suspected of illegal fund-raising.

2.

In 2013, the people's Bank of China issued the notice on preventing bitcoin risks. Later, it was reported that the people's Bank of China had an interview with more than 10 third-party payment companies, explicitly requiring them not to provide payment and clearing services to bitcoin, lightcoin and other trading websites. The price of bitcoin in China has dropped all the way from about 7000 yuan to 3300 yuan. More analysis says that bitcoin will withdraw from China. Is that true

However, at present, the security risks of bitcoin have not been fully exposed

the overall risk increases

it must be admitted that the government's increased supervision leads to the further increase of the risk of bitcoin trading

moreover, the transaction threshold is obviously higher than before

In essence, as a means of investment, the risk of bitcoin is self-evident. If there is no final person to take over the offer, even if bitcoin is in short supply, it lacks real value and only has limited online use value. If you can't find the last recipient, bitcoin will probably disappear like a bubble. p>

3. Since you all know that the other party is a fraud, and speculation in virtual currency is not supported by law, so even if the other party really wants to sue you, the court will not file a case. The other party knows this truth, they are bluffing you to force you to pay. If you don't pay, the other party can't help it

4. I recommend coin an, fire coin, or okex. As a novice, I don't recommend downloading the others. I also need to pay attention to that many platforms are deceptive, and there are those that can't come out after entering, so I recommend these three, which are enough for you to buy, only to make you have less money

5. It's illegal
at present, virtual currency has no legal status in China and is illegal.

6. The underground of the railway station is the subway station, where you can take the subway to get off at the exhibition center. Yijing central city is just in front of China International Square